50 SBA loans worth $14.0M went to businesses in Utica, NY between October 2021 and June 2026, from 16 lenders. Manufacturers and Traders Trust made the most, 25 loans. The median loan was $75,000, compared with $150,000 across New York, and retail was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Manufacturers and Traders Trust Bank · Buffalo, NY | 25 | $2.1M | $50,000 | 44% |
| 2 | KeyBank Bank · Cleveland, OH | 5 | $269K | $50,200 | 80% |
| 3 | NBT Bank Bank · Norwich, NY | 3 | $1.1M | $93,800 | 0% |
| 4 | Citizens Bank Bank · Providence, RI | 2 | $3.4M | $1,686,500 | 100% |
| 5 | T Bank Bank · Dallas, TX | 2 | $1.1M | $542,550 | 0% |
| 6 | Quaint Oak Bank Bank · Southampton, PA | 2 | $1.0M | $500,000 | 0% |
| 7 | Celtic Bank Bank · Salt Lake City, UT | 2 | $702K | $351,150 | 0% |
| 8 | HomeTrust Bank Bank · Asheville, NC | 1 | $2.2M | $2,185,000 | 100% |
| 9 | Newtek Bank Bank · Miami, FL | 1 | $800K | $800,000 | 100% |
| 10 | Granite State Economic Development Certified development company · Portsmouth, NH | 1 | $514K | $514,000 | 0% |
| 11 | Americu CU Credit union · Rome, NY | 1 | $266K | $265,500 | 0% |
| 12 | Empire State Certified Development Certified development company · Latham, NY | 1 | $233K | $233,000 | 0% |
| 13 | First Bank of the Lake Bank · Osage Beach, MO | 1 | $150K | $150,000 | 0% |
| 14 | Newtek Small Business Finance Non-bank lender · Lake Success, NY | 1 | $112K | $112,000 | 0% |
| 15 | Beacon Bank and Trust Bank · Boston, MA | 1 | $100K | $100,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Retail | 12 | $92,500 | Manufacturers and Traders Trust | |
| Other services (repair, personal care) | 8 | $21,250 | Manufacturers and Traders Trust | |
| Wholesale trade | 7 | $500,000 | T Bank | |
| Transportation and warehousing | 4 | $54,700 | KeyBank | |
| Professional and technical services | 4 | $106,000 | Manufacturers and Traders Trust | |
| Health care and social assistance | 4 | $50,800 | Manufacturers and Traders Trust | |
| Manufacturing | 4 | $325,000 | Manufacturers and Traders Trust | |
| Construction | 3 | $300,000 | Manufacturers and Traders Trust |